Ivy Funds has made significant updates to the management of its Nomura Global Growth Fund and Nomura International Core Equity Fund. Effective immediately, Charles John and Charles (Trey) Schorgl will be responsible for the day-to-day management of these funds. This change is vital as it reflects the company's commitment to maintaining strong leadership in its investment strategies.

The announcement comes as part of a broader trend in the investment industry, where firms are continually adapting their management structures to enhance performance and investor confidence. The changes also underscore the importance of experienced portfolio managers in navigating the complexities of the financial markets.

Background

Ivy Funds, incorporated in Delaware, operates as an investment entity. The company has a history of managing various funds, including the Nomura Global Growth Fund and the Nomura International Core Equity Fund. Recent filings indicate a focus on updating fund management to ensure effective oversight and performance.

What the Filing Says

The SEC filing, dated October 29, 2026, states, "Effective immediately, the changes set forth below will take place." It details the new portfolio management structure, replacing previous managers with Charles John and Charles (Trey) Schorgl, who will lead the funds moving forward.

Impact

This management update may affect investors in the Nomura Global Growth Fund and Nomura International Core Equity Fund, as it brings new leadership to the forefront of these investment vehicles. The change is expected to enhance the funds' strategic direction and performance, aligning with the evolving market landscape.

What's Next

The filing does not say what happens next.